Intel cut its 401(k) match, effective January 1, 2025
Intel cut its 401(k) match, effective January 1, 2025. Match reduced from 100% of contributions up to 7% of pay to 100% up to 5%, for pay dates after December 31, 2024. The maximum match falls from 7% to 5% of pay.
| Company | Intel |
|---|---|
| Plan | Intel 401(k) Savings Plan |
| Effective date | January 1, 2025 |
| Direction | Cut |
| Source filing | Form 11-K, filed June 12, 2026, accession 0000050863-26-000142 |
Source: Form 11-K filed June 12, 2026, accession 0000050863-26-000142 · SEC ↗
What the filing says, word for word
“Eligible employees receive Company matching contributions with immediate eligibility. Effective January 1, 2024, the Company matching contribution was 100% of each eligible employee's eligible elective deferrals up to 7% of eligible compensation. For payroll periods with payment dates after December 31, 2024 the employer match contributions percentage is 100% of each eligible employee's eligible elective deferrals up to 5% of eligible compensation. The Company matching contribution will be trued-up each plan year to attain the appropriate allocation rate for the plan year as a whole.”
Quoted verbatim from the filing linked above. Spelling and punctuation are the filing’s own.
Where this change comes from
401(k) Monitor reads the employer match, vesting, eligibility and automatic enrollment terms out of each plan’s SEC Form 11-K annual report. A change is recorded only when the filing states it, with the effective date the filing gives.
- Intel 401(k) match, vesting and plan facts
The full record for this employer, including the formula in force now.
- Read the Form 11-K on SEC EDGAR ↗
The filing that discloses this change, accession 0000050863-26-000142.
- All 401(k) match changes we have found
The tracker this record belongs to, newest change first.
Other tracked changes
- Thermo Fisher Scientific cut the 401(k) match for new participants, effective April 1, 2026
- Sherwin-Williams reinstated its 401(k) match, effective February 1, 2026
- Cigna changed the rules of its 401(k) match, effective January 1, 2026
- Humana cut its 401(k) match, effective January 1, 2026
- PepsiCo widened 401(k) match eligibility, effective January 1, 2026
401(k) Monitor, “Intel cut its 401(k) match, effective January 1, 2025”, from SEC Form 11-K accession 0000050863-26-000142 filed June 12, 2026. https://401kmonitor.com/stats/401k-match-changes/intel-2025-01-01/